Reply to I’m 50 and need to get a job. What should I do?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP keep in mind you are entitled to half of all of your assets including half of retirements. I think also get half his social security since you were married more than 10 years but I’m not sure about that.

I’m 43 and if I got divorced I could make do with 1/2 of our current assets and a minimum wage job.[/quote]

You are right that you can get half of spouses SS if married 10 or more years, assuming half is more than your own full SS.  Then if spouse dies before you you can get their full SS instead of your own.[/quote]

This just happened to a friend of my mom who has been divorced for like 35 years (but 15 year marriage I think). The ex-husband died and her SS doubled overnight. She was mightily surprised.[/quote]

Wow I didn't know you could continue getting x spouses ss if he dies. But what if he remarried in another country?[/quote]

You aren't getting the ex spouse's Soc. Sec.  You would be getting the survivor benefit based on your past marriage to the ex spouse.  You have to be 60 to get a survivor benefit based on the ex spouse, not re-marry, and of course, the survivor benefits have to be greater than your own Soc. Sec. based on your own work record.  https://www.benefits.gov/benefit/2878#:~:text=Based%20on%20the%20information%20you,spouse%20had%20enough%20work%20credits.

It's not like you just suddenly get to claim all of the ex's social security payments.

The same with a wife (or other spouse) claiming soc sec. based on the other spouse's work record.  You don't get the same amount that the working spouse gets.  You get to top-off YOUR soc sec. up to 50% of the working spouse's benefit.  You don't get 50% of the working spouse's benefit PLUS your own soc. sec. benefit.

Soc. Sec. calculates what benefit you have earned based on your own work record (let's say $600/mo).  And then they calculate the spousal benefit (let's say the working spouse's full benefit was $2000/mon.; so 50% of that would be $1000.... so they pay you $600 first from your own work record, then "top off" your benefits with an extra $400 -- which is the spousal benefit that makes your total monthly amount =$1000 --- which is 50% of the value of the working spouse.

You do NOT get $600 on your own record PLUS $1000 (50% of the working spouse's Soc. Sec.) for a total of $1600.  Does not work like that.  You get a max of 50% of the working spouse's benefit, OR your own benefit if it is greater.[/quote]

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